Video platform Dyte raises $11.6 mn in funding led by Unbound, Sequoia’s Surge

Dyte, a live video and audio platform, announced a $11.6 million funding round led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners.

The new funds will be used to expand the startup’s product and technical teams, with an emphasis on foreign hires, a statement said.

Founded in 2021 by Abhishek Kankani, Kushagra Vaish, and Palash Golecha, Dyte is a real-time audio and video communication software development kit (SDK) company.

“We’ve only just scratched the surface of possibilities when it comes to live video. It’s our mission to provide app developers with an easy-to-use interface so that they can focus on the customer user experience, and not worry about the technology or infrastructure challenges of building and supporting live audio and video,” said cofounder and CEO Kankani.

Skill-Lync, Yellow.ai (Yellow Messenger), Coffeemug.ai, Shimmer, and Newton School are among Dyte’s clients. The startup also caters to telemedicine apps, edtech and gaming platforms, and customer support teams, it said in a statement.

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: